Marketing
Marketing
14th Edition
ISBN: 9781259924040
Author: Roger A. Kerin, Steven W. Hartley
Publisher: McGraw-Hill Education
Question
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Chapter 3, Problem 3AMK
Summary Introduction

To determine: The strategies in the business that are likely to be advantageous in the given trend and determine the way the retailers have to change to accommodate these type of consumers.

Introduction:

The variations in the marketing environment are the major source of opportunities and threats that has to be managed. The process of getting the facts about the external environment of the organization in order to find and understand the potential trends is known as environmental scanning.

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